What's Next for SASEUL? One Writer's Outlook and Worries (Personal Opinion)
SASEUL: how does the writer see it?
I think it'll rise over the long run. This is one person's opinion and it could be wrong
A coin you only get by mining
Proof of work, and less comes out over time
A ledger running for over 4 years
It has stopped and come back before
Worries
Slow development, no exchange to trade on
This is one writer's view and not investment advice. It could be wrong.
I think SASEUL coin (SL) will keep going up in price over the long run. I don't have a number for when or how much.
Below, "confirmed fact" means something with a source, and "what I think" is my own opinion. For what SASEUL is, see the basic facts page.
Why do I think it'll rise?
What I think: the biggest reason is that SASEUL is a coin you only get by mining.
Here's the confirmed fact. SASEUL runs on proof of work (you have to solve a hard problem with a computer to get new coins). The official docs say so, and they say SL can only be obtained by mining. According to the project profile, nothing was presold or set aside for the team.
The amount of new coins goes down over time. Each cut makes it 27/32 of what it was, so after four cuts it's close to half. When a cut happens is set by how much has come out so far, not by the calendar (see the mining rewards post). The official ledger site (explorer.saseul.com) expects the next cut on January 12, 2027. In total, about 5.5 billion will come out over 100 years. At 12:59 p.m. on September 30, 2026, the amount issued so far was 3,477,759,957.
What I think: coins only appear when someone puts in electricity and computing, and the amount of new coins keeps shrinking. I think a setup like this helps the price over the long run. But even if fewer coins come out, the price won't go up if nobody wants them. That's why you have to look at the worries below as well.
What does high difficulty mean?
It means the people mining are putting in that much computing power. Difficulty is a number that shows how many calculations it takes, on average, to find one page of the ledger.
At the same time, difficulty on the official ledger site was 274.17T. That means about 301 trillion calculations to find one page. On May 16, 2024, it was about 8.8 billion. So in 2 years and 4 months it grew about 34,000 times. Three days earlier, on September 27, it was about 47,000 times, so difficulty went down in between. How to read the number is in the difficulty explainer.
What I think: it's a good sign that this much computing power is coming in even now, when you can't trade on an exchange. I read it as miners thinking it's worth paying for the electricity.
There's an opposite fact too. The total computing speed dropped from about 9.88 TH/s on September 15 to about 5.02 TH/s on September 30, nearly half in two weeks. I don't know if it'll keep dropping.
Is the ledger still running?
Yes. SASEUL has been running since May 17, 2022 (Korea time). At 12:59 p.m. on September 30, 2026, the official ledger site showed 4,420,050 pages in the transaction ledger and 2,328,034 pages in the mining ledger. New pages have kept being added for more than 4 years.
Transactions also lock in fairly fast. How long it takes to reach finality (when a record locks in and can't be reversed) depends on the source. The official docs say 6 to 8 seconds. The CoinMarketCap project profile says about 4 seconds to process and about 600 seconds to lock in.
What I think: if it locks in anywhere from a few seconds to 10 minutes, that's fast enough for things like paying at a shop.
Has it ever stopped or had problems?
Yes. And it got fixed and came back. Here's what the official notices and ledger records confirm.
| Date | What happened | After |
|---|---|---|
| July 3 to 6, 2022 | Only 2 mining ledger pages added in about 73 hours | Pages started piling up again on the morning of July 6 |
| July 19, 2023 | A difficulty calculation bug briefly raised the amount mined (notice #49) | Fixed with a big update (#50) |
| Evening of June 14, 2026 | Some computers couldn't make transaction ledger pages (#78) | Version 2.2.0.4 released early the next morning (#79) |
| July 28, 2026 | 2.2.0.5 fixed faster recovery from a split ledger (#82) | The notice called it a "stability fix" |
The notice doesn't say when the June problem was fully resolved, so I don't know. The detailed record is in the block stall check post.
What I think: the track record of stopping and coming back is itself a strength. It's not that there were no problems. It's a ledger that kept going by fixing them when they came up.
What is it used for?
Not much yet. But public sources do confirm a few things.
- Making NFTs: an NFT is a digital keepsake recorded on the ledger. You've been able to make them in the official wallet app Guardee since August 9, 2023 (notice #56). Passes for minting your own NFTs cost 100 SL for 10
- Storing things right on the ledger: notice #56 said that for NFTs without encryption, all the details show on the official ledger site. In a DailySecu article on November 30, 2021, the company said SASEUL NFTs store the image file itself on the ledger. That's the company's explanation, and I haven't uploaded a file myself to check
- NFT tickets: a February 16, 2026 notice (#74) said buying NFT tickets got faster
- Linking with other services: the June 19, 2026 Guardee revamp (#80) added logging in to other services with Guardee. Apps that run on the SASEUL ledger like this are usually called DApps
There are a few more services that use the SASEUL ledger. I couldn't find any notice saying the official team made them, and I couldn't confirm from public sources who runs them. This is what I saw when I opened them myself on September 30, 2026.
- SignaL (signalsl.com): it calls itself a "SASEUL mainnet SL on-chain community DApp." It says you can use a board, chat, encrypted notes, NFTs and voting with one wallet. There were new posts up on September 29 as well. Its guide says you connect by entering your Guardee private key. A private key opens your whole wallet. On any site where you connect by entering a private key, it's safer not to use a wallet with a lot of coins in it
- SL Pay (slpay.kr): it makes QR codes that shops can use to get paid in SL. According to its help page, you enter a price in KRW and the shop's wallet address, and it makes a QR code showing how much SL the customer should send
- saseul.kr: a site for looking up the SASEUL ledger (the official ledger site is explorer.saseul.com). It shows wallet search, mining status and node status. On the same day, its difficulty number matched the official ledger site
Other uses are in the SASEUL coin uses post.
What I think: the uses are small for now, but base features like NFTs and login are already in. If services get built on top of them, I think more people will want SL.
Is development still going?
The confirmed facts say yes. Version 2.2.0.5 came out on July 28, 2026 (notice #82, and the Docker Hub record has the same date). The notice said the focus now is the next big update, 2.3. The developer docs on the official GitHub were also updated on March 9, 2026.
What I think: it's a good sign that the team hasn't walked away even after 4 years.
What are the worries?
Development is slow. In a September 22, 2025 notice (#68), the big update was supposed to be done within September if possible. After that it was pushed back several times, to January 15, 19 and 25, then February 3, 2026. The first files came out on February 13 (#73). As of September 30, there's no date announced for 2.3. In a January 19 notice (#71), the SASEUL team itself wrote that calling SASEUL unstable wouldn't be entirely wrong.
Public sources don't say how many developers there are. The big update's schedule slipped several times (notices #68 to #73). My guess is they're short on hands.
It's not well known. On September 30, 2026, the official SASEUL notice channel had 662 subscribers. What I think: there's almost no promotion, so very few people even know about SASEUL.
There's no exchange to trade on right now. It got listed on the overseas exchange BitMart on May 9, 2025, but BitMart stopped all trading from August 26, 2026 (see the BitMart closure post). Right now it looks like some people buy and sell directly with each other for KRW, without an exchange. It's not something the official team has pointed people to, and since these are deals between individuals, be careful (scam warning post). With few places to trade, it's hard to set a price and hard to sell when you want to.
Watch out for hype too. In a September 22, 2025 notice (#68), the SASEUL team said many people lost money because of wrong information and hype around the big update. Lines like "it'll go up once the update is done" are not official announcements (see the hard fork post).
Real use is still small. In a December 31, 2025 notice (#69), the SASEUL team wrote that apart from a few overseas research groups, even basic connections were hard to make.
So what's the writer's conclusion?
What I think leans toward "it'll rise over the long run." I say that because of the mining-only supply, a ledger that's kept going for over 4 years, the high difficulty and the record of stopping and coming back.
Still, if even one of the worries above stays unsolved for a long time, I could be wrong. In particular, if places to trade and real uses don't grow, a good structure alone won't be enough. Whether to buy or sell is your own call, and this post doesn't make that call for you.
This is one writer's view and not investment advice. It could be wrong.
Sources
- SASEUL Docs · Node Overview (proof-of-work based consensus, SL only by mining, finality 6 to 8 seconds) · version of 2026-03-09, checked 2026-09-30
- CoinMarketCap · SASEUL project profile (no presale, 27/32 reduction, about 4 seconds to process and about 600 seconds to lock in) · checked 2026-09-27
- Official SASEUL site · FAQ (about 5.5 billion SL over 100 years) · checked 2026-09-27
- Official SASEUL explorer · Statistics (Difficulty 274.17 T, Latest Difficulty 301,451,829,165,767, Total Supply 3,477,759,957, Next Reduction 2027-01-12) · checked 2026-09-30 12:59
- Official SASEUL explorer front page (Main Blocks 4,420,050, Resource Blocks 2,328,034) · checked 2026-09-30 12:59
- Official SASEUL explorer · resource block #1,070,330 details (2024-05-16 23:12, difficulty 8,808,793,144) · checked 2026-09-27
- SASEUL Mining Pool front page (NETWORK ≈ 5.02 TH/s) · checked 2026-09-30 12:59
- Official SASEUL Telegram notice #49 · difficulty bug · 2023-07-19
- Official SASEUL Telegram notice #50 · 2.1.9.2 and the hard fork · 2023-07-19
- Official SASEUL Telegram notice #56 · Guardee update, NFT minting · 2023-08-09
- Official SASEUL Telegram notice #68 · warning about hard fork hype, September target · 2025-09-22 (23:34 Korea time)
- Official SASEUL Telegram notice #69 · hard fork on January 15, trouble making basic connections · 2025-12-31
- Official SASEUL Telegram notice #70 · moved to January 19 · 2026-01-14
- Official SASEUL Telegram notice #71 · delayed to January 25, the "unstable" remark · 2026-01-19 (Korea time)
- Official SASEUL Telegram notice #72 · February 3 target · 2026-02-01
- Official SASEUL Telegram notice #73 · first update files on February 13 · 2026-02-13
- Official SASEUL Telegram notice #74 · 2.2.0.2, faster NFT ticket purchases · 2026-02-16 (Korea time)
- Official SASEUL Telegram notice #78 · main block creation failure · 2026-06-15 (Korea time)
- Official SASEUL Telegram notice #79 · 2.2.0.4 · 2026-06-15
- Official SASEUL Telegram notice #80 · Guardee revamp (NFTs, log in with Guardee) · 2026-06-19
- Official SASEUL Telegram notice #82 · 2.2.0.5, next is 2.3 · 2026-07-28
- Official SASEUL Telegram notice channel (662 subscribers) · checked 2026-09-30 15:28
- Docker Hub · artifriends/saseul-network tag list (2.2.0.5, 2026-07-28) · checked 2026-09-30
- GitHub · saseul/docs.saseul.com repository (last updated 2026-03-09) · checked 2026-09-30
- DailySecu · "아티프렌즈, 블록체인 엔진 '사슬'(SASEUL)로 블록체인 기반 플랫폼 사업 확장" (ArtiFriends expands its blockchain platform business with the SASEUL engine, in Korean) · 2021-11-30
- SignaL front page · checked 2026-09-30
- SL Pay front page and help · checked 2026-09-30
- saseul.kr front page (Mining Difficulty 301,451,829,165,767) · checked 2026-09-30
- BitMart help center · [Primary Listing] BitMart Will List SASEUL (SL) - 2025-5-9 · 2025-05-08
- BitMart help center · Important Notice Regarding the Orderly Cessation of BitMart Operations · 2026-07-26
This is one writer's view and not investment advice. It could be wrong. I hold SL. I checked the factual parts myself on September 30, 2026, against the official ledger site, official notices and official docs.